IBA builds its publications from the wealth of proprietary data and market intelligence our InsightIQ platform delivers.
Our Aircraft Values Book contains information about 73 of the most commonly traded commercial passenger aircraft globally.
Published twice a year, it presents the current market and base values and future base values, assuming 0% and 1.5% inflation scenarios, for each aircraft type as well as market information and aircraft data. We include total deliveries, current active, parked and stored fleet sizes and market share by aircraft type and OEM.
IBA presents values in accordance with principles set out by ISTAT, the International Society of Transport Aircraft Trading.
IBA's Engine Values Book provides airline operators, financiers, leasing companies, MROs and OEM manufacturers with a comprehensive information source on the current state of the global engine market.
We deliver information on the market characteristics, associated aircraft types, geographic scope and operator base of 33 of the most commonly traded families of aero engines. Our publication includes key maintenance data such as typical average overhaul costs and maintenance intervals, Quick Engine Change (QEC) and Life Limited Parts (LLP) costs and values and lease rates for the most popular variants of each engine family.
IBA lists current market, base and forecast values for the most popular turbofan engines over a 10-year period and includes all key Airworthiness Directives (ADs) and their estimated cost impact for each engine type.
The Lease Rate Digest provides monthly dry lease rates for 68 of the most commonly leased commercial passenger aircraft. It specifies the monthly high, low and typical lease rates for each year of build, based on standard contract terms and conditions. It analyses multiple aircraft types with similar capacity and establishes their Rate Profiles.
Used alone or in conjunction with IBA's Aircraft Values Book, the Lease Rate Digest gives operators, banks, leasing companies and manufacturers invaluable insights into the current condition of the lease market for passenger aircraft.
What our clients say
"Goshawk, and indeed Investec, could not have got to where it is today in aviation finance and leasing without the professional help, services and wise counsel of IBA and all its staff. We regard you as an essential partner in our path of growth, with a relationship that constantly grows and changes as both of our organisations do so."
Andy Carlisle, Chief Technical Officer
"IBA has been an integral part of the team involved in our ambitious drive for profitable growth. Their dedicated and professional advisory team has provided invaluable analysis, due diligence and commercial acumen to positively shape the direction of our investment decisions."
David Phillips, Head of Investec Emerging Companies
"A large part of Six West's success to date has been our ability to capture, interpret and then manage the large amounts of data that surround global aircraft operations. We rely on intelligence to provide the fleet data we need and it impresses us every week."
Jason Williamson, Managing Partner
"The assistance and guidance from IBA Group over the past 11 years since IGAF was launched has been invaluable. From releases, to redeliveries to repossessions, the professional service we have received from IBA has always been exemplary."
Nick Cowney, Director
Investec Capital Asia Ltd
There are various strategies lessors can adopt to reduce their fleets’ carbon emissions and, in doing so, potentially benefit from lower financing costs, strengthen their investor relations’ story and develop a greater competitive advantage with lessees. IBA outlines two key strategies: purchasing new technology planes with lower emissions levels and committing to offsetting a proportion of the emissions their lessees generate. 1. Buying new technology planes with lower emissions Airframe and engine OEMs are working on many initiatives that will improve technology and produce more efficient and potentially carbon free aircraft, but this is evidently a longer-term proposal. In the medium term, buying new gen technology planes will potentially provide a good investor relations story, fit with many airlines long term strategies and also potentially provide a ‘Greenium’ benefit, with access to lower cost finance. 2. Offsetting proportions of carbon emissions generated by the lessee There are three offsetting options, the impact of which can be calculated using rich intelligence from the InsightIQ platform and newly launched Carbon Emissions Calculator (CEC). Voluntary offset schemes at $3/tonne High quality offset schemes at $13/tonne Buying and holding emissions allowances from the EU Emissions Trading Scheme (ETS) Source: IBA InsightIQ CEC Read the full case study here Based on calculations and analysis from InsightIQ CEC, we conclude that buying and holding Emissions Allowances from the EU ETS may be the most efficient carbon reduction strategy for lessors. Although upfront costs are higher, buying emissions allowances at the start of a lease and holding them until lease end is an investment. Current market expectation is that these assets will appreciate in value by 70% - 75% by 2030. Investors will therefore have an opportunity to profit from their re-sale at lease end. Emissions trading also enjoys high environmental integrity as a regulated market. To understand the maths behind this conclusion, we have created the following Case Study: Case study- Airbus A321 neo (Non-ACF/ACTs) with LEAP-1A33 Engine A lessor can commit to offset emissions as a competitive differentiator in a bid to win a lessee. Using the example of a new A321neo narrowbody bought in April 2021 for US$ 56M and offered on a 12-year notional US$ 360K monthly rental, its residual asset value will be US$ 35M at lease end. We can mine the emissions information our CEC generates to calculate the following CO2 outcomes to calculate the offset costs and impact on IRR. All Data used and displayed in this article is derived from IBA’s proprietary data platform IBA InsightIQ. If you have any further questions or comments please contact: Ian Beaumont Sign up for a demo
Geoffroy Robin Aviation Analyst, IBA Advisory and Jie Zhou, Senior Aviation Analyst, IBA Advisory, uses InsightIQ fleet and flights data to share a detailed view of HNA's current exposure and explore what the restructuring process could mean for lessors.
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